Financial Reporting: Page 34
-
CFO FP&A Close-up: Modern planning and analysis
In today’s uncertain economy, strategic planning and analysis is more important — and difficult — than ever. CFOs need to set priorities to get the most out of their FP&A teams.
By Elizabeth Flood • Nov. 14, 2022 -
Bahamas law enforcement investigates bankrupt FTX exchange
The collapse of the prominent cryptocurrency exchange coincides with SEC efforts to safeguard investors and businesses against abuses in crypto and other digital assets.
By Gabrielle Saulsbery • Nov. 14, 2022 -
Explore the Trendline➔
KanawatTH via Getty ImagesTrendlineCFO best practices in the evolving generative AI era
As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.
By CFO Dive staff -
Sponsored by Center for Audit Quality
US public companies seek assurance over ESG disclosures as investor demand grows
Amid upcoming regulatory action, a new analysis found that the majority of public companies are reporting ESG information and increasingly, seeking assurance.
Nov. 14, 2022 -
Most CFOs geared up to freeze hiring, survey finds
As an increasing number of economists forecast a recession, financial leaders are contemplating hiring freezes, even as businesses describe their teams as "understaffed."
By Maura Webber Sadovi • Nov. 11, 2022 -
CFOs outpace CEOs’ retention bonus frequency
Companies are handing CFOs a significant share of retention bonuses as the churn of finance chiefs leaving jobs has increased.
By Maura Webber Sadovi • Nov. 7, 2022 -
CFOs plan to boost ESG spending despite recession risk: survey
CFOs still aim to spend more on ESG initiatives in 2023 even though they expect economic disruptions to persist until mid-year.
By Grace Noto • Nov. 3, 2022 -
Over half of workers plan to jump ship if they don’t get raises: survey
The November Human Workplace Index found that 51.1% of employees would look for other opportunities if their company announced a spending freeze in compensation.
By Elizabeth Flood • Nov. 2, 2022 -
Earnings roundup: Chip shortages, supply chain challenges worry auto CFOs
Supply chain challenges, material shortages and rising costs are leading automakers to reduce sales expectations following lukewarm quarterly results.
By Grace Noto • Nov. 1, 2022 -
Dentsply probe finds former CFO violated ethics code
Dentsply’s internal North America probe didn't find evidence of intentional wrongdoing or fraud but did find some former senior managers violated the company’s code of ethics.
By Maura Webber Sadovi • Nov. 1, 2022 -
Musk buys Twitter, swiftly fires CEO, CFO
By Friday morning, Ned Segal's Twitter account bio was updated, describing him as the "former CFO and [a] current fan of @Twitter.”
By Maura Webber Sadovi • Oct. 27, 2022 -
McDonald’s serves up 10% U.S. price hike, CFO says
McDonald’s price increases come as businesses across industries are fine-tuning strategies for offsetting inflation without alienating customers.
By Maura Webber Sadovi • Oct. 27, 2022 -
Meta CFO backs AI spending as Metaverse bleeds $3.7 billion
Despite investor skepticism, Meta is pushing forward with spending on artificial intelligence and its Metaverse project.
By Grace Noto • Oct. 27, 2022 -
SEC adopts bonus clawback rules
The new clawback rules come amid a broader push by the SEC for more transparency and disclosures in financial reports.
By Maura Webber Sadovi • Oct. 26, 2022 -
Keurig Dr. Pepper taps new CFO
Sudhanshu Priyadarshi was appointed CFO after his predecessor moved up to the CEO post.
By Elizabeth Flood • Oct. 26, 2022 -
Judge denies Rialto bid to dismiss Icahn mall suit
The suit comes as CFOs are likely to face more disputes around appraisals as the slowing economy impacts real estate valuations.
By Maura Webber Sadovi • Oct. 25, 2022 -
SEC busts cannabis company on fraud charges
Cronos, a Canadian producer of marijuana-based products, settled with regulators over charges of faulty accounting and lax controls.
By Jim Tyson • Oct. 25, 2022 -
Companies brace for downturn amid high inflation: Fed
Persistent cost pressures and supply chain bottlenecks are intensifying recession fears at U.S. companies, the Federal Reserve said.
By Grace Noto • Oct. 20, 2022 -
Baker Hughes appoints CFO, warns on inflation
The Houston-based oil services giant snapped up Nancy Buese from Newmont Mining, naming her as their new chief financial officer.
By Elizabeth Flood • Oct. 20, 2022 -
Opinion
Tackling the build versus buy forecasting dilemma
The rise in economic volatility is increasing the need for better decisions when it comes to acquiring and interpreting forecasting data.
By John Frechette • Oct. 20, 2022 -
3 ways CFOs can utilize ERP as recession hedge
Strong enterprise resource planning (ERP) systems can help businesses prepare to survive an impending and potentially inevitable recession.
By Elizabeth Flood • Oct. 19, 2022 -
PCAOB hits audit partner with record $150K penalty
The fine is the largest civil penalty levied against an individual by the federal audit watchdog since it was established in 2002.
By Maura Webber Sadovi • Oct. 19, 2022 -
Businesses seek 15% minimum tax guidance for financials
Absent IRS direction, certain companies may struggle to accurately report the new tax’s financial impact in their future financial reports.
By Maura Webber Sadovi • Oct. 18, 2022 -
Supply chain partnerships key for the modern CFO
Between advancing ESG reporting requirements and the modernizing CFO seat, developing strong supply chain partners is key for CFOs to find and utilize the right data.
By Elizabeth Flood • Oct. 18, 2022 -
Deep Dive
7 CFO tips to prepare for SEC climate risk rule
CFOs should not delay putting in place the staff, technology and processes needed to comply with an imminent SEC rule requiring detailed disclosure on climate risk.
By Jim Tyson • Oct. 18, 2022 -
FASB fair-value play poised to clear crypto barrier
If adopted, the standard would eliminate a deterrent that keeps some companies from getting involved with crypto, according to a Crowe LLP partner.
By Maura Webber Sadovi • Oct. 17, 2022